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BNGE - ETF AI Analysis
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First Trust S-Network Streaming and Gaming ETF (BNGE)
Rating:65Neutral
Price Target:
$42.00
Positive Factors
Strong Top Holdings
Several key holdings, like Roblox and Netflix, have shown strong year-to-date performance, supporting the ETF's overall returns.
Global Exposure
The ETF includes companies from diverse regions like Japan, Hong Kong, and the UK, reducing reliance on a single geographic market.
Focused Sector Allocation
The ETF's heavy exposure to Communication Services and Consumer Cyclical sectors aligns with growth opportunities in streaming and gaming industries.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to many other funds, which can eat into investor returns over time.
Underperforming Holdings
Some top holdings, like Flutter Entertainment, have lagged in year-to-date performance, potentially dragging down the fund's momentum.
Sector Concentration Risk
Over 66% of the ETF is invested in Communication Services, making it vulnerable to downturns in this specific sector.
BNGE vs. SPDR S&P 500 ETF (SPY)
AUM7.25M
RegionGlobal
Expense Ratio0.70%
Beta1.03
IssuerFirst Trust
Inception DateJan 25, 2022
Dividend Yield0.73%
Asset ClassEquity
Index TrackedS-Network Streaming & Gaming Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,429
30 Day Avg. Volume2,651
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
46.38Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BNGE Summary
The First Trust S-Network Streaming and Gaming ETF (Ticker: BNGE) is an investment fund focused on companies in the video games and eSports industries. It includes well-known names like Roblox and Nintendo, along with others involved in gaming development, streaming, and digital entertainment. This ETF follows the S-Network Streaming & Gaming Index, offering exposure to a growing sector driven by the popularity of interactive gaming and live-streaming platforms. Investors might consider BNGE for its potential growth in a rapidly evolving industry. However, since it focuses heavily on gaming and streaming, its performance can be impacted by trends in these specific areas.
How much will it cost me?The expense ratio for the First Trust S-Network Streaming and Gaming ETF (BNGE) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche sector like video games and eSports, which requires specialized research and management.
What would affect this ETF?The BNGE ETF could benefit from the growing popularity of gaming and streaming platforms, as well as advancements in technology that enhance user experiences. However, it may face challenges from regulatory changes in key markets, economic downturns that reduce consumer spending on entertainment, or increased competition within the gaming and streaming industries. Its global exposure and focus on companies like Roblox, Netflix, and Nintendo position it well for growth but also make it sensitive to international market conditions.
BNGE Top 10 Holdings
The BNGE ETF is heavily concentrated in the gaming and streaming sectors, with a global mix of companies driving its performance. Warner Bros is rising on strong streaming growth, while Sony and Tencent show steady momentum thanks to solid financials and strategic advancements. However, Disney and Spotify are lagging, weighed down by bearish technical trends and valuation concerns. Aristocrat Leisure is also struggling, adding to the drag. Overall, the fund’s focus on entertainment and gaming offers growth potential, but mixed stock performance highlights the challenges of this niche sector.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Warner Bros | 6.48% | $476.88K | $57.41B | 129.18% | 70 Outperform | |
| Nintendo Co | 5.06% | $372.53K | ¥15.48T | 64.25% | 63 Neutral | |
| Electronic Arts | 4.95% | $364.85K | $50.05B | 20.41% | 68 Neutral | |
| Sony | 4.65% | $342.13K | ¥27.54T | 58.57% | 74 Outperform | |
| Walt Disney | 4.64% | $341.73K | $186.17B | -9.83% | 76 Outperform | |
| Tencent Holdings | 4.56% | $335.57K | HK$5.53T | 55.75% | 79 Outperform | |
| Take-Two | 4.53% | $333.66K | $43.51B | 25.15% | 50 Neutral | |
| Spotify | 4.28% | $315.15K | $118.38B | 22.85% | 66 Neutral | |
| Netease Inc | 4.28% | $314.94K | HK$628.18B | 50.00% | 78 Outperform | |
| Aristocrat Leisure | 4.19% | $308.35K | AU$35.80B | -13.25% | 66 Neutral |
BNGE Technical Analysis
Negative
―
Price Trends
39.35
Negative
38.71
Negative
35.02
Positive
Market Momentum
-0.70
Positive
35.98
Neutral
7.94
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BNGE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.26, equal to the 50-day MA of 39.35, and equal to the 200-day MA of 35.02, indicating a neutral trend. The MACD of -0.70 indicates Positive momentum. The RSI at 35.98 is Neutral, neither overbought nor oversold. The STOCH value of 7.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BNGE.
BNGE Peer Comparison
Comparison Results
Performance Comparison
BNGE
First Trust S-Network Streaming and Gaming ETF
36.82
8.89
31.83%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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AGIX
KraneShares Artificial Intelligence & Technology ETF
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GAMR
Amplify Video Game Leaders ETF
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NERD
Roundhill BITKRAFT Esports & Digital Entertainment ETF
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ODDS
Pacer BlueStar Digital Entertainment ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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